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joining me now, washington bureau correspondent hampton pearson. let's see what the average american will or won't be seeing in their pi check. >> reporter: i'm here for the lump of coal portion of the program. if there's no deal, let's look at what happens to tax rates in just seven days and these stats are from the tax policy center. the annual income from somebody in the $50,000 to $75,000, about a $2,400 increase. jumping ahead to $100,000 to $200,000, the average tax increase, $6,600. tacking at that great divide of the wealthy, over $250,000, at least a $11,000 tax hike. over $1 million, more than $254,000. >> hampton, looking at that number, that's for those americans working right now. there are still struggling americans, millions looking for work and what's the fiscal cliff mean for them? >> reporter: okay. we have unemployment at 7.7% last month and mainly went down because people gave up looking for work and jdropped out of th job market and out of work six months or longer. 4.8 million americans, they're the folks worried the most abou
joining me now, washington bureau correspondent hampton pearson. let's see what the average american will or won't be seeing in their pi check. >> reporter: i'm here for the lump of coal portion of the program. if there's no deal, let's look at what happens to tax rates in just seven days and these stats are from the tax policy center. the annual income from somebody in the $50,000 to $75,000, about a $2,400 increase. jumping ahead to $100,000 to $200,000, the average tax increase,...
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barbara starr, cnn, washington. >> barbara, thank you. the brady campaign to prevent gun violence weighed in on the current debate. they released a statement from a father whose 8-year-old son was saved from bullets by a courageous teacher at sandy hook elementary. he writes, our hearts are heavy this holiday in newtown. nothing will bring our children back or ease the pain we all feel. but we can do something to make this nation safer. we can make this the nation we all want. so today i want to speak specifically to all responsible gun owners and nra members with the message to join us. join us because you know in your heart that we are better than this. hope you're listening. >>> coming up in 30 minutes here, i'm going to talk to ken trump. he says calls for arming teachers, making kids wear bulletproof backpacks, and teaching kids to attacked armed intruders is borderline insane. that's at 7:30 eastern right here on cnn. >>> is congress ready to do a thelma and louise and plunge over the fiscal cliff? some lawmakers sounded gloomy abou
barbara starr, cnn, washington. >> barbara, thank you. the brady campaign to prevent gun violence weighed in on the current debate. they released a statement from a father whose 8-year-old son was saved from bullets by a courageous teacher at sandy hook elementary. he writes, our hearts are heavy this holiday in newtown. nothing will bring our children back or ease the pain we all feel. but we can do something to make this nation safer. we can make this the nation we all want. so today i...
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level but really the expectation is that the hard work is going to get done when lawmakers return to washington after the christmas holiday, a little bit later on this week. that's when they're going to resume negotiations in earnest. of course there had been hopes that the president and house speaker john boehner were going to get a deal done. if you looked at the beginning of last week, they were getting close to a deal it appeared but that fell apart and talks fell apart. president obama said i will accept a smaller deal as long as it doesn't allow rates for those to go up for those making $250,000 or less. over the weekend you had a few senators, including senator joe lieberman saying they believe now more than ever we may be getting closer to actually going over the fiscal cliff. that is of course hanging over the heads of a lot of americans as they enter this holiday season and also looming over this vacation the president is having. i'll give you a little sense of what president obama has been up to in hawaii. on saturday he played a round of golf with some of his closest friends and adv
level but really the expectation is that the hard work is going to get done when lawmakers return to washington after the christmas holiday, a little bit later on this week. that's when they're going to resume negotiations in earnest. of course there had been hopes that the president and house speaker john boehner were going to get a deal done. if you looked at the beginning of last week, they were getting close to a deal it appeared but that fell apart and talks fell apart. president obama...
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sorry i cut you off. >> what she described is a microcosm of what's wrong in washington. our elected officials and the president are supposed to be defenders of the second amendment. there's defenders of the constitution. not a lobbying group, but it's the lobbyists who have our government by the throats, not the voters, the lobbyists. you're seeing politicians make decisions based on what they think the money is going to say. the nra is one example. once upon a time, we were against cigarette companies and tobacco companies to do the right thing. what we're experiencing right now, is the same thing we're going to continue to experience until we get serious about the way we're being governed and who's governing us. >> thank you. >>> their job was to make people laugh, but not these days. how a connecticut morning radio show has become a way for listeners to heal. powerful words coming up. a res, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our
sorry i cut you off. >> what she described is a microcosm of what's wrong in washington. our elected officials and the president are supposed to be defenders of the second amendment. there's defenders of the constitution. not a lobbying group, but it's the lobbyists who have our government by the throats, not the voters, the lobbyists. you're seeing politicians make decisions based on what they think the money is going to say. the nra is one example. once upon a time, we were against...
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people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at each other. i feel sorry for speaker boehner. i've seen sop of your colleagues who are a little unreasonable and i dare say some democrats who are unraeasonable. what does it take to make them come together if they can't come together at this moment as close as they are. >> durable goods is up, the housing market is beginning to come back. the market is poised. but the stock market is going to react. i can't previous district, don't have the knowledge, no one does, as to what exactly is going to happen but chuck is right. the white house should get over its upset wit
people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at each other. i feel sorry...
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lori: the dow closed down 50 points largely due to preparation from washington. she is a daily deal sites are falling today. let's go back to nicole at the new york stock exchange for more. nicole: we're taking a look at group on down 4% today, still under pressure after they made an acquisition. $4.63 per share, they have acquired commerce interface. the company which they have been working since the middle of 2012, april 2012 in order to streamline some of the operations. it is technology management, a way they can work with some of the thousands of existing vendors, supposedly will help them to better support the merchants overseas going forward and give them exclusivity with this particular company but this acquisition today puts them under pressure about 4% and that is why you're seeing it down about $0.19. merry christmas, everybody. david: ilog one of my groupon things to expire. it is not a total loss. lori: it is not front and center in people's priority list. david: s&p futures are closed right now. that's about to larry at the cme to see how things mig
lori: the dow closed down 50 points largely due to preparation from washington. she is a daily deal sites are falling today. let's go back to nicole at the new york stock exchange for more. nicole: we're taking a look at group on down 4% today, still under pressure after they made an acquisition. $4.63 per share, they have acquired commerce interface. the company which they have been working since the middle of 2012, april 2012 in order to streamline some of the operations. it is technology...
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." >> announcer: from nbc news in washington, the world's longest running television program, this is "meet the press" with david gregory. >> good sunday morning. it's been nine days since the tragic shooting at sandy hook elementary in newtown, connecticut and the debate over gun control has been revived. here with us exclusively this morning, the man at the ten ter of that debate, the ceo and executive vice president of the nra, wayne lapierre. i want to get right to it. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> you proposed armed guards in school. we'll talk about that in some detail in a moment. you confronted the news media, you blamed hollywood and the gaming industry but never once did you concede that guns could actually be part of the problem. is that meaningful contribution, mr. lapierre, or a dodge? >> david, i said what i honestly thought and what hundreds of millions of people all over this country will believe will actually make a difference. i can't imagine a more horrible tragedy. we all have 5-year-olds in our family in some way. w
." >> announcer: from nbc news in washington, the world's longest running television program, this is "meet the press" with david gregory. >> good sunday morning. it's been nine days since the tragic shooting at sandy hook elementary in newtown, connecticut and the debate over gun control has been revived. here with us exclusively this morning, the man at the ten ter of that debate, the ceo and executive vice president of the nra, wayne lapierre. i want to get right...
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toward washington. -- george washington. try to stop gun sales in this country, you will run into a series of roadblocks. >> australia had a mass killing in the mid-1990s and they passed a severe loss where all existing guns had to be turned in. the government bought them back. after a certain date if they were in your home, you were arrested. they have had a decrease in crime and suicide, which is an interesting development. it seems to me, you either have to go that route, which you cannot in the u.s. -- gun ownership in australia was 5% of households. gallup has shown is 47% here. we have the second amendment and the hisry back to washington. given that we are a different culture, the kinds of laws that we pass are almost always an effective as a result, because there are00 million weapons out there today. unless you recall them the way that australia did, and we cannot do that -- you would have a reservoir that would last 100 years. >> you can imagine what would happen. there would be an insurrection. >> you do not have
toward washington. -- george washington. try to stop gun sales in this country, you will run into a series of roadblocks. >> australia had a mass killing in the mid-1990s and they passed a severe loss where all existing guns had to be turned in. the government bought them back. after a certain date if they were in your home, you were arrested. they have had a decrease in crime and suicide, which is an interesting development. it seems to me, you either have to go that route, which you...
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mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was not wielding the gavel. finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a colleague in rand paul, who is a tea partier. you put all those factors together and it could be that mcconnell may have to step up because that is what you have to do to get some sort of deal at the moment, we have not seen that happen. host: from mark williams, what will be specifically affected in the economy if we go over the cliff? guest: instead of giving you my own numbers, let me use the congressional budget office estimates. if we go over the cliff, and if the clip stays in place for the whole year -- clef stays in place for the whole year, gdp will go into
mitch mcconnell is no longer the top republican in washington. it is easy to forget that when he struck a deal to extend the bush tax cuts, boehner had won the house a month before but was not wielding the gavel. finally, mitch mcconnell has stayed on offense. on the senate floor on friday he argued the democrats poisoned the well by declaring boehner's plan b dead on arrival. >> and he is up for reelection in 2014. by all polling, it looks like it will be a lot tougher. he also has a...
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>> in washington the reaction was somewhat shocked by the news conference just because of the tone. it was so different from what we've been hearing from others in particular president omo bama who had called out on gun control. he's made this commission that vice president will lead that's supposed to report backy. and then wayne lapierre came forward and talked about putting armed officers in the nation. he was not aiming for the beltway crowd. that's important to remember. it will be interesting in the next few weeks and months how his comments played in other parts of the country outside the beltway. that's who he was talking to. >> he made the rounds in the morning talk shows and stood his ground despite the backlash. it would cost more than $2 billion to put security officers at every school in the country. does the timing seem odd that this is something that the n.r.a. is pushing for? >> it calls for congress to make this available immediately. congress and the president are in the middle of these fiscal cliff and there's no agreement in sight on that. so the idea that congre
>> in washington the reaction was somewhat shocked by the news conference just because of the tone. it was so different from what we've been hearing from others in particular president omo bama who had called out on gun control. he's made this commission that vice president will lead that's supposed to report backy. and then wayne lapierre came forward and talked about putting armed officers in the nation. he was not aiming for the beltway crowd. that's important to remember. it will be...
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>> guest: george washington didn't think a lot of the militia. he growled about a lot of times but also made some remarks that aloud how the militia was a useful thing to have. they could have built the continental army with the existence of the militia and people that have been in the militia and more importantly the volunteers and others who knew how to use firearms, and that was the key. >> host: so people were using these on the frontier protecting the indians, native americans, hunting certainly, and then in the colony's some sense of responsibility for the common good. >> guest: right. the common law right to have the firearms came with a civic duty to use them when called upon. >> host: who was in charge of these? >> guest: local commanders, towns. later on became more broadbased, but as tensions and hostility is mounted between the british authorities and the colonists in approach to the revolutionary war, it was seen by many of the leaders of the time has an advantage that we americans knew how to use firearms. >> host: at this time was
>> guest: george washington didn't think a lot of the militia. he growled about a lot of times but also made some remarks that aloud how the militia was a useful thing to have. they could have built the continental army with the existence of the militia and people that have been in the militia and more importantly the volunteers and others who knew how to use firearms, and that was the key. >> host: so people were using these on the frontier protecting the indians, native americans,...
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but still concerns now from washington about washington, about the fiscal cliff, traders of course don't think anything is getting settled today. they are even talking about the fact that it might get pushed back to the middle of january or something. a lot of speculation and guessing going on, but in the meantime, a little bit of pullback here. let's take a look at facebook. facebook on the other hand a different story. getting a buy rating over at needham and companies, up 2 1/2%. the price target is $33, up from $25. getting close to the $38 ipo price. they obviously have high hopes for the mobile realm for facebook and that's why they raised their targets and has a buy rating. back to you. dagen: thank you, nicole. dennis: where are the shoppers? after a strong start, forecast called for robust holiday season. dagen: but shoppers are not living up to those expectations. adam shapiro is here to explain what the heck is going on. adam: where they go. dagen: it's empty. adam: you should be done with your shopping by now. the national retail federation has not changed their prediction, t
but still concerns now from washington about washington, about the fiscal cliff, traders of course don't think anything is getting settled today. they are even talking about the fact that it might get pushed back to the middle of january or something. a lot of speculation and guessing going on, but in the meantime, a little bit of pullback here. let's take a look at facebook. facebook on the other hand a different story. getting a buy rating over at needham and companies, up 2 1/2%. the price...
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"the washington post" columnist e.j. dionne says that may be the silver lining, writing, quote -- now at least we know something important. the current rep majority cannot govern, only a coalition across party lines can get the public's business done. e.j. joins us now, a senior fellow with the brookings institution and an msnbc contributor. e.j., great to see you, as always. john boehner sits to the left of center of his caucus. can he work out a deal without inciting a full-scale revolt? >> well, we don't know that, but i think he'll have to test it. that really tells you something about how conservative the republican caucus has done. john boehner is a good conservative. what we have learned from last week is that if you give the 30 to 60, whatever the actual number was, we can't know for issue, but 30 to 60 of the most conservative republicans veto power, you will never get a reasonable solution. president obama made a lot of concessions to john boehner. a lot of liberals didn't like all the concessions he made. he l
"the washington post" columnist e.j. dionne says that may be the silver lining, writing, quote -- now at least we know something important. the current rep majority cannot govern, only a coalition across party lines can get the public's business done. e.j. joins us now, a senior fellow with the brookings institution and an msnbc contributor. e.j., great to see you, as always. john boehner sits to the left of center of his caucus. can he work out a deal without inciting a full-scale...
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"washington journal" is next. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] h., congress returns later this week to washington with eight days to go to avoid the so- called fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your t
"washington journal" is next. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] h., congress returns later this week to washington with eight days to go to avoid the so- called fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun...
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in washington, meanwhile, the gun control debate ramped up. on "face the nation" bob schieffer spoke with national rifle association president david keane, the first time the toup has spoken since making a statement on friday. >> scheiffer: when you came on television at this news conference friday you seemed to blame the mentally ill. you seemed to blame hollywood. you seemed to blame the media, the video game manufacturers. you did not seem to think that your policies have had anything at all to do with this. o> well, we don't think they eave. >> scheiffer: you see no responsibility. >> you know, we're living in a country, a free country which ntryle have a right to exercise their second amendment rights. we're living in a country where in the last few decades as gun ownership has increased, violent crime has fallen. thoughe have, though, in this ,ountry are, and in any country, f percentage of people who are, frankly, either evil or crazy. >> glor: the nra says existing gun laws are not being enforced. orgaret brennan has more on what the g
in washington, meanwhile, the gun control debate ramped up. on "face the nation" bob schieffer spoke with national rifle association president david keane, the first time the toup has spoken since making a statement on friday. >> scheiffer: when you came on television at this news conference friday you seemed to blame the mentally ill. you seemed to blame hollywood. you seemed to blame the media, the video game manufacturers. you did not seem to think that your policies have had...
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i covered the washington end of that when it was all going on, and i must say, tbawfsz sort of overcome by events, later, greater events, but that is a wonderful story. and it's pretty much true, the way you told it. i mean, it's pretty accurate as far as the history. >> yes, the story is true. the story is absolutely true. there were these six hostages who escaped the embassy during the takeover, who hid out in the canadian ambassador's residence, ultimately rescued by the c.i.a. and trained to pose as a movie crew. i looked at a lot of research footage and i lobbied at your face quite a bit-- you don't look a day older than you did from 32 years ago. it's really exceptional. it's it the inception of our antagonistic relationship with the rug of iran, and it put into events we're looking at now and downtown road and how we will navigate our relationship with iran. >> schieffer: where did you actually film it? >> we filmed it in turkey, actually. when we went to turkey i thought we would get a lot of farsi-speaking perks and virtually none of the iranians would be in the country because
i covered the washington end of that when it was all going on, and i must say, tbawfsz sort of overcome by events, later, greater events, but that is a wonderful story. and it's pretty much true, the way you told it. i mean, it's pretty accurate as far as the history. >> yes, the story is true. the story is absolutely true. there were these six hostages who escaped the embassy during the takeover, who hid out in the canadian ambassador's residence, ultimately rescued by the c.i.a. and...
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police in suburban washington say mike crapo was pulled over after running a red light yesterday. he failed several sobriety tests. he was taken to jail and released on bond. he's expected to be in court in january. he says he takes total responsibility. >>> overseas to afghanistan. abc news has learned a top navy s.e.a.l. commander has died. the death of 42-year-old job price is being investigated as suicide. military officials say he died of a gunshot wound. he was a member of s.e.a.l. team 4, a special navy warfare unit. >>> only one week to go now and there is still no deal preventing the economy from going over that now infamous fiscal cliff. members of congress are still pointing fingers over who is to blame for the lack of progress. to prevent the tax hikes and spending cuts from aching effect january 1st. meanwhile, connecticut's independent senator, joe lieberman, expects congress to work right up until the new year's eve deadline. he's not sure that will be enough. >> it's the first time that i feel like it's more likely that we'll go over the cliff than not. if we allow
police in suburban washington say mike crapo was pulled over after running a red light yesterday. he failed several sobriety tests. he was taken to jail and released on bond. he's expected to be in court in january. he says he takes total responsibility. >>> overseas to afghanistan. abc news has learned a top navy s.e.a.l. commander has died. the death of 42-year-old job price is being investigated as suicide. military officials say he died of a gunshot wound. he was a member of...
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washington insiders weigh in next. we'll be right back. with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. smoke? nah, i'm good. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with t
washington insiders weigh in next. we'll be right back. with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with...
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steve centanni live for us in washington. so, steve, what exactly did the nra president have to say over the weekend? >> reporter: well, wayne laperriere saying there was no more horrible tragedy than that shooting at sandy hook elementary up in connecticut and he understands the grief of those parents and the national mood following that tragedy. that he explained is exactly why he's making his proposal. listen. >> i'm telling you what i think will make people safe and what every mom and dad will make them feel better. when they drop their kid off at school in january, is if we have a police officer in that school, a good guy, that if some horrible monster tries to do something they will be there to protect them. >> reporter: even some republican who is support a comprehensive approach to the problem of mass violence are questioning the idea of armed guards in schools. >> if my memory is correct there actually was an armed individual at columbine years ago and it didn't prevent that tragedy. so i think we need a comprehensiv
steve centanni live for us in washington. so, steve, what exactly did the nra president have to say over the weekend? >> reporter: well, wayne laperriere saying there was no more horrible tragedy than that shooting at sandy hook elementary up in connecticut and he understands the grief of those parents and the national mood following that tragedy. that he explained is exactly why he's making his proposal. listen. >> i'm telling you what i think will make people safe and what every...
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david kerley, abc news, washington. >>> in other news this morning, a veteran of capitol hill was laid to rest in his home state of hawaii. in attendance was president obama. a 19-cannon salute was fired at senator daniel inouye's funeral. he died laths week at the age of 88. >>> new insight into mitt romney's failed presidential run. tagg romney says his dad never wanted the top job. he wanted to be president less than anyone i have met in my life, says tagg. he said his father is a very private person who simply does not like attention. >> interesting field to get into if you don't like attention. >>> out in space, a unique holiday show going on. jupiter and the moon will be in con vux in the evening. they're already close together in the sky and bright enough to be visible around the world, even if you're in a big city. >> with a home telescope you can see the moons, the mountains, the krarts. with the naked eye, you'll be able to see the show. enjoy a little, you know, christmas -- a different kind of christmas gift. >>> time for sot highlights from week 16 of the nfl. we get them
david kerley, abc news, washington. >>> in other news this morning, a veteran of capitol hill was laid to rest in his home state of hawaii. in attendance was president obama. a 19-cannon salute was fired at senator daniel inouye's funeral. he died laths week at the age of 88. >>> new insight into mitt romney's failed presidential run. tagg romney says his dad never wanted the top job. he wanted to be president less than anyone i have met in my life, says tagg. he said his...
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i'm dana bash in washington. it's christmas eve. "starting point" begins right now. >>> and our starting point, an american contractor in kabul shot and killed earlier this morning by a woman wearing an afghan police uniform. it happened inside kabul's police headquarters, and it's the latest in a string of suspected green on blue attacks. pentagon correspondent barbara starr is working her sources, and she joins us from washington. barbara, we have seen a lot of these attacks. correct me if i'm wrong, this is the first time it's happened with a woman. >> reporter: i think that is absolutely correct, dana. u.s. officials, nato officials looking into all of this, trying to figure out what exactly did happen. a woman in an afghan police uniform opened up fire, shooting and killing a u.s. contractor inside kabul police headquarters. key question perhaps, was she really an afghan police official, or was the uniform perhaps stolen? was this an infill tator of the taliban? what exactly was going on here? these are the questions in all of
i'm dana bash in washington. it's christmas eve. "starting point" begins right now. >>> and our starting point, an american contractor in kabul shot and killed earlier this morning by a woman wearing an afghan police uniform. it happened inside kabul's police headquarters, and it's the latest in a string of suspected green on blue attacks. pentagon correspondent barbara starr is working her sources, and she joins us from washington. barbara, we have seen a lot of these...
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as you say, washington basically shutting down for the holiday. are we many for some truly volatile days? for the first quarter of the new year. >> it's going to be bumpy for sure until anybody really knows what's going to happen out of washington. however, you could make the case that it's surprising stocks didn't fall more. again, what we've -- we've seen this before and other points where there seems to be political impasse. stocks fell 7% to 9% when they voted down the tarp ledges laying the first time. we're not at that sort of emergency or crisis moment yet. the stock market is really sort of binary right now. a lot of investors think if we can just get over, get past the fiscal cliff, we're going to have a pretty good year in 2013. people are saying, you know, big companies are in good shape. we're just kind of waiting for this economy to pick up steam. the housing markets is now -- has now turned around. consumers have paid down debt. there are a lot of things that are sort of going the right way, except for one thing. we need washington t
as you say, washington basically shutting down for the holiday. are we many for some truly volatile days? for the first quarter of the new year. >> it's going to be bumpy for sure until anybody really knows what's going to happen out of washington. however, you could make the case that it's surprising stocks didn't fall more. again, what we've -- we've seen this before and other points where there seems to be political impasse. stocks fell 7% to 9% when they voted down the tarp ledges...
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washington, dc, 43 degrees. we are going to see a storm system move from the west coast and eventually start to spread into the oklahoma oklahoma and arkansas area. there is the chance we could end up with about five to six inches of snow. the first time little rock, arkansas, will have seen snow on christmas day since 1926. so a big deal especially when it's happening right around christmas time. chicago could get a little bit of a wintery mix as we go through the day today. down across the southeast, that's where most of the showers are. some of those showers have been heavy at times and that will continue to move eastward as we go into christmas day. now christmas day in the northeast, it does look like we might start off with a little bit of the white stuff tonight into tomorrow morning. not much. maybe just a dusting, a coating on the ground. then it will change over to a few light rain showers. 37 degrees with a little bit of snow up into boston on christmas day. chicago will also see some of that snow too
washington, dc, 43 degrees. we are going to see a storm system move from the west coast and eventually start to spread into the oklahoma oklahoma and arkansas area. there is the chance we could end up with about five to six inches of snow. the first time little rock, arkansas, will have seen snow on christmas day since 1926. so a big deal especially when it's happening right around christmas time. chicago could get a little bit of a wintery mix as we go through the day today. down across the...
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i do want to talk about all this hotter in washington. she said repubcans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if y read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a big automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their arms around this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looking at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going to get americans when they can least afford it. there a lot of tax increases are going to hit this economy hard. we need to
i do want to talk about all this hotter in washington. she said repubcans are like a reverse robin hood. taking food out of the mouths of babies and figures to give tax cuts for the wealthy. would you say that? >> first, she is obviously not a literary genius. if y read the robin hood story, robin hood was taking money back from the tax collectors and returning it to the people. so he was 700 years before the tea party even existed. nancy pelosi is not relevant. to be fair, there is a big...
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congresswoman, it's great to have you here, and as we're hearing about what's taking place in washington or what was taking place before everybody closed up shop to go home for the holidays, we're hearing that more republicans are calling for compromise on the tax issue. however, nearly 200 house republicans appeared to set back speaker boehner's plan b. at this point is there hope that even a small deal will get done before the new year? >> well, i certainly hope there is, but, you know, we left -- when you said some republicans are calling for it, you are talking about republicans in the senate. not in the house, unfortunately. i do think that if the senate acts just like they have to act last year over the payroll tax hike, that maybe there will be some movement in the house. it's a shame to say, though, that the house just sent the ball over to the senate. >> let me just tell you, i hope they're talking today. at this point in time, yes, i do think that's what it means. i think that, unfortunately, the speaker abduct ate the the leadership over to the senate, and i am hoping, though,
congresswoman, it's great to have you here, and as we're hearing about what's taking place in washington or what was taking place before everybody closed up shop to go home for the holidays, we're hearing that more republicans are calling for compromise on the tax issue. however, nearly 200 house republicans appeared to set back speaker boehner's plan b. at this point is there hope that even a small deal will get done before the new year? >> well, i certainly hope there is, but, you know,...
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washington should go back to being like the washington monument and the lincoln memorial. we have hedge fund managers who have bet we could have a benign finish to the year. it doesn't look like that's going to happen. heem go, here we go gn, it's going to be t.a.r.p. all over again. it's the same one we did today for actionar alerts.com. we judge the u.s. economy to be strong, strong enough to survive a fall into a trampoline or a deep pool. housing, autos, thinking china related can be bought right here. this is an opportunity to buy not sell as we work towards a deal. it might actually take until the super bowl when everyone by then will have seen their truncated paycheck and you have to get a deal by then. you would have expected a much bigger sell-off today unless, of course, you recognize that a compromise is much easier reached in 2013 than 2012. if we only have to wait a short time before we get a kick the can deal from the government, better be a buyer than a seller. compromise is far, far more likely than not, despite last night's shenanigashenanigans. jack in fl
washington should go back to being like the washington monument and the lincoln memorial. we have hedge fund managers who have bet we could have a benign finish to the year. it doesn't look like that's going to happen. heem go, here we go gn, it's going to be t.a.r.p. all over again. it's the same one we did today for actionar alerts.com. we judge the u.s. economy to be strong, strong enough to survive a fall into a trampoline or a deep pool. housing, autos, thinking china related can be bought...
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senator michael crapo charged with drunken driving after a weekend arrest in washington, d.c. suburb over the weekend. idaho republican who has said he does not drink because of his mormon faith had a blood alcohol content of .11%. he issued apology accepting total responsibility for ips dent. in newtown, connecticut, a resident told reporters christmas will never be the same for the families who lost children and loved ones in the december 14 massacre. correspondent molly henneberg reports both sides of gun debate trying to develop a plan to keep the nation's chirp safe. >> the national rifle association may support plan to put armed officers at the nation's school bus lawmakers are less than enthusiastic about the idea, especially the democrats. dianne feinstein who is expected to introduce gun control legislation in january, called the nra idea "distraction." others suggest it might have the opposite effect on lawmakers. >> well, i think he is so extreme a tone deaf he actually helps the cause of us passing sensible gun legislation in the congress. >> we have 130,000 elemen
senator michael crapo charged with drunken driving after a weekend arrest in washington, d.c. suburb over the weekend. idaho republican who has said he does not drink because of his mormon faith had a blood alcohol content of .11%. he issued apology accepting total responsibility for ips dent. in newtown, connecticut, a resident told reporters christmas will never be the same for the families who lost children and loved ones in the december 14 massacre. correspondent molly henneberg reports...
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hello again from fox news in washington. at christmas, people who are naughty get coal in their stockings and at the white house and congress -- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and spending cuts. here to talk about what is going to happen are two leading senators. john barasso, chairman of the republican policy committee and from new york democrat kent conrad, chairman of the senate budget committee. senators welcome back to "fox news sunday." >> thanks for having me. >> good to be with you. >> chris: before heading to hawaii for christmas the president laid out a new stripped down plan to avert the fiscal cliff. here is what it is. extend the bush tax cuts for people making less than $250,000. extend unemployment benefits for the 2 million people who will run out next month and delay the sequester of $110 billion in spending cuts next year. for all of the talk of $4 trillion in debt reduction this plan would only
hello again from fox news in washington. at christmas, people who are naughty get coal in their stockings and at the white house and congress -- if the white house and congress don't make a deal in the next nine days to avoid the fiscal cliff we ring in the new year with big tax increases and spending cuts. here to talk about what is going to happen are two leading senators. john barasso, chairman of the republican policy committee and from new york democrat kent conrad, chairman of the senate...
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as there were demonstrations outside of a gun shop in a washington, d.c. to burr,. >> to allow these kinds of guns that have no other purpose than to murder, slaughter innocent people and children is just insane. >> reporter: fear of new gun control legal cause has made the weapons one of the hotst- selling items this christmas. >> two weeks ago you could have bought one gun for, you know, $1400. now out's 25, 27. >> reporter: the debate about gun control legal cause is just as heated here on capitol hill. the nra, one of the most effective lobbying organizations in washington said it will fight any new restrictions. >> every mom and dad what will make them feel better, when they drop their kid off in january, is if we have a police officer in that school. >> reporter: the reaction to that plan was mixed among the parents we spoke with >> i think any efforts to protect our children is worth it. >> we do not want people with guns in our school. >> reporter: senator fine stein plans to present a bill banning assault weapons this january when the new congress
as there were demonstrations outside of a gun shop in a washington, d.c. to burr,. >> to allow these kinds of guns that have no other purpose than to murder, slaughter innocent people and children is just insane. >> reporter: fear of new gun control legal cause has made the weapons one of the hotst- selling items this christmas. >> two weeks ago you could have bought one gun for, you know, $1400. now out's 25, 27. >> reporter: the debate about gun control legal cause is...
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he spent 50 years in washington serving the people of hawaii. he died last week at age 88. >>> senator michael crapo of idaho has been arrested and charged with driving under the influence. police in alexandria, virginia pulled the senator over sunday morning for running a red light. police say crapo failed a field sobriety test. the senator issued a statement saying he was deeply sorry and would deal with whatever penalty comes his way. >>> he says he loves christmas. that is his favorite time of the year. for the past 50 years, joseph has had the great passion of decorating his home in fairfax county to be a local must see. but this year he has decided to do something different to benefit the very special children of st. jude's children's research hospital. joining me this morning is joseph. good morning. thank you. who do you have there with you? >> good morning. how are you? >> i'm well. who is standing there with you? >> my wife who is my rock. she's responsible for all the things that i do. >> joseph and tamara, thank you for being with us
he spent 50 years in washington serving the people of hawaii. he died last week at age 88. >>> senator michael crapo of idaho has been arrested and charged with driving under the influence. police in alexandria, virginia pulled the senator over sunday morning for running a red light. police say crapo failed a field sobriety test. the senator issued a statement saying he was deeply sorry and would deal with whatever penalty comes his way. >>> he says he loves christmas. that is...
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"washington journal" every day at 7:00 a.m. eastern on c-span. >> i think that there was no -- it was promoted within a certain articles of politics. joe, who created the show, created with no agenda. the idea that there was a -- an agenda, that it was somehow a midwife to a public policy on the course of interrogation was absurd. it is absurd. which is to say that -- which is not to say that if there was an issue, is our content was affecting the behavior of interrogators in the field, even if it was 0.05% of interrogators taking their cues from jack bauer, it was a systemic problem and i suggest that we try to intervene on behalf of those people. but to suggest that -- this is a television show. i may be pollyanna-ish about this, but the fact that 24 became the political football that became for a while was a very valuable thing. >> tonight at 8:00 p.m. on c- span, how movies and television portrayed policy and policy making. -- politics and policy making. and i 10:50 p.m., singer/songwriter james taylor. >> the taping was to
"washington journal" every day at 7:00 a.m. eastern on c-span. >> i think that there was no -- it was promoted within a certain articles of politics. joe, who created the show, created with no agenda. the idea that there was a -- an agenda, that it was somehow a midwife to a public policy on the course of interrogation was absurd. it is absurd. which is to say that -- which is not to say that if there was an issue, is our content was affecting the behavior of interrogators in...
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heather: molly henneberg live for us in washington. thank you, molly. gregg: we're hearing new concerns our foreign policy will get more challenging over the next several months as violence intensifies in syria. and north korea and iran continue to defy international pressure over their nuclear programs. former u.s. ambassador to the united nations, john bolton will be here in three minutes on what to watch tore. heather: again, new information coming in on this breaking news coming out of the new york. firefighters ambushed and shot responding to a house fire. a live report right after the break. gregg: and with budget negotiations at a standstill there are new concerns about what a failed deal could actually do to the rest of the president's agenda. our political panel debates that coming up. >> i don't want taxes to go up. republicans don't want taxes to go up. but we only run the house. democrats continue to run washington [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that...
heather: molly henneberg live for us in washington. thank you, molly. gregg: we're hearing new concerns our foreign policy will get more challenging over the next several months as violence intensifies in syria. and north korea and iran continue to defy international pressure over their nuclear programs. former u.s. ambassador to the united nations, john bolton will be here in three minutes on what to watch tore. heather: again, new information coming in on this breaking news coming out of the...
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on the other hand they all know, by them, in washington there has to be cuts and it's easier for them, it's the conspiracy talking. >> what's wrong with going over the cliff. >> such wonders and-- >> the world is not going to end. >>, but you and i have jobs and some people will lose them. >> some of them. >> it will force coping to make the hard choices we need to make. david: hold on a second though. the one, the only thing that could raise revenue significantly is growth. i think everybody, republicans and democrats, one thing they agree on is that growth. that could increase revenue by hundreds of billions, not just tens of billions, and if everybody gets a tax increase, shibani, will likely go into recession in any we'll have negative growth and that will mean even worse of a deficit. >> if you start to cut spending you're going to cut jobs. if you raise taxes you're going to cut jobs. at some point we've got to say we're going to do what's best for the long-term picture and either way we're going to take a short-term hit for longer term, more-- >>, but you could do it with less
on the other hand they all know, by them, in washington there has to be cuts and it's easier for them, it's the conspiracy talking. >> what's wrong with going over the cliff. >> such wonders and-- >> the world is not going to end. >>, but you and i have jobs and some people will lose them. >> some of them. >> it will force coping to make the hard choices we need to make. david: hold on a second though. the one, the only thing that could raise revenue...
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she joins me now from washington. dana, great to see you again. tell me does even a band-aid approach work? >> it's going to be tough. this is all math. but it really has to do with the math with regard to votes. and democrats especially who i'm talking to in the senate which is probably where this will originate, the reality is that democrats don't hold a very big majority. her going to need to have a handful of republicans to cross party lines and vote with them on the whole concept of raising any taxes. especially what the president wants which is something that is raising taxes on all americans making more than $250,000. that's the senate. never mind the house, which of course, made clear to the house speaker that they won't even go for something that's a million dollars or more when it comes to tax increases. that was last week. >> dana, you were saying that when you were reporting on it when it was breaking that evening, you called that devastating for john boehner. now that house republicans have clearly rebelled against john boehner, can t
she joins me now from washington. dana, great to see you again. tell me does even a band-aid approach work? >> it's going to be tough. this is all math. but it really has to do with the math with regard to votes. and democrats especially who i'm talking to in the senate which is probably where this will originate, the reality is that democrats don't hold a very big majority. her going to need to have a handful of republicans to cross party lines and vote with them on the whole concept of...
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and "washington post" columnist and msnbc contributor jonathan capehart. thank you so much for being with us. why don't we just start really quickly with this story of the mere, mika, and that, of course, barack obama wins, the republicans lose, in a way that perhaps is more telling than just what one election result might suggest. >> well, i think it certainly does and it gives him a certain platform and credibility that perhaps he didn't have before. but watching as these fiscal cliff negotiations have gone through the holidays, it certainly is perhaps a little bit more of a bully pulpit for the president and for his position on taxes. but i think the biggest story of the year came at the end of the year in the past week or so which is the massacre at sandy hook elementary school in newtown and i think the presidency now might be shaped by those events and those are the stories that both barnicle and andrea have chose n as the top story. would you agree this could be a signature for the second term? >> i to do. i do agree with that. i think the events of
and "washington post" columnist and msnbc contributor jonathan capehart. thank you so much for being with us. why don't we just start really quickly with this story of the mere, mika, and that, of course, barack obama wins, the republicans lose, in a way that perhaps is more telling than just what one election result might suggest. >> well, i think it certainly does and it gives him a certain platform and credibility that perhaps he didn't have before. but watching as these...
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reciprocity makes the political universe of washington go around. we'll go around. back with the a-team in just moments. we'll take up, we'll find out why the nra seems to be the most effective advocate right now for public school safety. stay with us. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescriptio
reciprocity makes the political universe of washington go around. we'll go around. back with the a-team in just moments. we'll take up, we'll find out why the nra seems to be the most effective advocate right now for public school safety. stay with us. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory...
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reciprocity makes the political universe of washington go around. we'lgo around. back with the a-team in just moments. we'll take up, we'll find out why the nra seems to be the most effective advocate right now for public school safety. stay with us. when some people struggle with their mortgage payments, they become frozen, petrified. not knowing what to do, they do nothing, but the people who do something, the people who take action, are far more likely to get the most positive outcome. making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. lou: i want to turn to the fiscal cliff with our panel but first, very quickly, touch on the nra which proposed armed guards, armed policemen, at public schools to provide safety. i thought it was a straightforward, common sense idea. don't you agree with it? >> i do not, lou. i do not. did not help people at columbine. people serving as guards at school not qualified to carry weapons. the expense of it
reciprocity makes the political universe of washington go around. we'lgo around. back with the a-team in just moments. we'll take up, we'll find out why the nra seems to be the most effective advocate right now for public school safety. stay with us. when some people struggle with their mortgage payments, they become frozen, petrified. not knowing what to do, they do nothing, but the people who do something, the people who take action, are far more likely to get the most positive outcome....
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senator free on bond in morning after being arrested on drunk driving charges near washington, d.c.. police in virginia say they stopped idaho republican michael crapo after he ran a red light. he failed a field sobriety test and booked into jail released on $1,000 bond he will be back in court january 4th. >>> mitt romney's son said his dad never wanted the top job. tag g romney said his dad was reluctantly convinced to run. he said he wanted to be president less than anyone i've met in my life. he no desire to run. tag g romney said he and his mother -- helped convinced them to run he says his father loves the country but dislikes the attention. >>> senator bickering over who is to blame for bringing the country to the edge of the year end fiscal cliff are calling on congress to get back to work thursday as soon as third christmas break is over. president obama will return from hawaii as well. gop leaders are predicting évu e new year will come out an >> reporter: some republicans lawmakers say president obama wants the country to fall off the fiscal cliff. >> we were gonna go ove
senator free on bond in morning after being arrested on drunk driving charges near washington, d.c.. police in virginia say they stopped idaho republican michael crapo after he ran a red light. he failed a field sobriety test and booked into jail released on $1,000 bond he will be back in court january 4th. >>> mitt romney's son said his dad never wanted the top job. tag g romney said his dad was reluctantly convinced to run. he said he wanted to be president less than anyone i've met...
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dana bash is in washington. what are lawmakers saying? are some of them sticking by their guns and saying there needs to be more gun laws or are they sofltening their stand now? >> i do not detect a wide number of republicans softening their stance when it comes to gun rights. at the same time, they don't seem to be running towards the idea that the nra laid out on friday, which is to put armed police officers at every school in this country. not even close. listen to what two republican senators said about that idea yesterday. >> we had an armed guard in columbine. we had an assault ban. neither one of them worked. we're talking about preventing mass murder. people who are not traditionallitraditionally criminals. i don't know if there's anything lindsey graham to stop somebody there's hell bents on doing this. >> the president is eager to go over the cliff for political purposes. hee sees a political victory. he gets tax revenue for programs and cut the military which democrats have been calling for for years and he gets to blame republ
dana bash is in washington. what are lawmakers saying? are some of them sticking by their guns and saying there needs to be more gun laws or are they sofltening their stand now? >> i do not detect a wide number of republicans softening their stance when it comes to gun rights. at the same time, they don't seem to be running towards the idea that the nra laid out on friday, which is to put armed police officers at every school in this country. not even close. listen to what two republican...
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we are talking about austerity programs coming out of washington. what is going to propel this market higher if we're going to get a slowdown in the economy next year? >> the bottom line, i think the market is a lot smarter than any of us on this panel and i've been really amazed how resilient the market is here. it is holding up extremely well. we may not get a deal -- i doubt we get a deal friday. i think the market has already taken that into account. the bottom line, stocks aren't over priced. there is a lot of opportunity, at hodges capital we see companies, you know, trading at seven and eight times earnings that are growing three times that rate. like a cirrus logic that is going to earn 350 next year, stocks at 28. that's about eight times earnings. you know, there is a lot of opportunity out there. >> right. >> i don't think you can treat the market as just the market. look at each stock individually. there's opportunity. it's under owned. there are chances to make some serious money next year. look at this year. this year, hardly any good
we are talking about austerity programs coming out of washington. what is going to propel this market higher if we're going to get a slowdown in the economy next year? >> the bottom line, i think the market is a lot smarter than any of us on this panel and i've been really amazed how resilient the market is here. it is holding up extremely well. we may not get a deal -- i doubt we get a deal friday. i think the market has already taken that into account. the bottom line, stocks aren't...
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chip reid is in washington with that story. chip, good morning. >> reporter: good morning, jeff. the national rifle association was silent in the days following the tragedy in newtown. now it's speaking out and reigniteing an explosive debate over gun control. the nra says it will not budge from its longtime opposition to gun control, insisting the only thing that will stop school shootings is armed guards. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. i think the american people think it's crazy not to do it. it's the one thing that would keep people safe and the nra is going to try to do that. >> reporter: nra president david kean added that banning particular guns simply doesn't work. >> we had a so-called assault weapons ban for ten years. it was allowed to expire. the fbi, the justice department and others who studied it said it made no difference. so if we're looking at things that are effective, let's talk about them. but first, let's talk about protecting our kids. >> reporter: the full court pres
chip reid is in washington with that story. chip, good morning. >> reporter: good morning, jeff. the national rifle association was silent in the days following the tragedy in newtown. now it's speaking out and reigniteing an explosive debate over gun control. the nra says it will not budge from its longtime opposition to gun control, insisting the only thing that will stop school shootings is armed guards. >> if it's crazy to call for putting police and armed security in our school...
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Dec 24, 2012
12/12
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. >> and i'm dana bash in washington. john and zoraida are off. >> a developing story in afghanistan. an adviser to the afghan police has been shot and killed by a woman wearing an afghan police uniform. the latest in the series of green on blue insider attacks and our pentagon correspondent barbara starr joins us live with details on that. good morning. how unusual is this? >> well, alana, sadly this is a story we've report sod often during the year, haven't we? the details on this attack are different in one respect. as far as we know this is a case where a woman, an afghan woman in a police uniform conducted this shooting and killing. a contractor in cab uhl police headquarters. the nato alliance has already announced the incident but not said the nationality officially of the contractor involved. this typically does not happen where the perpetrator is a woman. they are going to have to determine, of course, if she really was an afghan police officer or perhaps the uniform was stolen or she somehow came into possession
. >> and i'm dana bash in washington. john and zoraida are off. >> a developing story in afghanistan. an adviser to the afghan police has been shot and killed by a woman wearing an afghan police uniform. the latest in the series of green on blue insider attacks and our pentagon correspondent barbara starr joins us live with details on that. good morning. how unusual is this? >> well, alana, sadly this is a story we've report sod often during the year, haven't we? the details...
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Dec 24, 2012
12/12
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we don't have a plan in washington. nominal gdp growth is 4% which would be something like recession in any other time over the past 50 or 60 years. so you're already recession-like types of -- >> you mean nominal levels? >> nominal is, you know, real plus inflation. >> right. >> and the fiscal cliff business is a big deal. it's a potentially big game changer. i didn't think there was a chance we would go over really until the last couple of days. now i'm thinking there could be a bungee jump where you go over for a couple days and come back. >> if you're a market timer and you believe in your bungee do you think there's going to be an opportunity? >> absolutely. because i truly believe. the good news is, is this is setting ourselves up for true entitlement and tax reform in 2013. it could be six months from now. it could be a very difficult first six months. >> you're looking for a baby deal now? >> there's probably going to have to be a baby deal, partly because of amt. you cannot retro actively fix amt. that would hi
we don't have a plan in washington. nominal gdp growth is 4% which would be something like recession in any other time over the past 50 or 60 years. so you're already recession-like types of -- >> you mean nominal levels? >> nominal is, you know, real plus inflation. >> right. >> and the fiscal cliff business is a big deal. it's a potentially big game changer. i didn't think there was a chance we would go over really until the last couple of days. now i'm thinking there...
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Dec 24, 2012
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washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last offer and split the difference and it would be a package 2.6 trillion can couple that with 1.1 trillion and that would be close to four trillion needed to stabilize the debt and bring it down. >> the president and members was congress will return to washington wednesday or thursday and try to hammer out a deal. most likely a short-term deal to get us past the cli
washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though...